#美国就业数据表现强劲超出预期 FOLKS Is there still room for this round of decline to continue? The answer is yes.

From the data, on the 14th, FOLKS was still standing at the $46 mark, but just three days later, it dropped to around $7 — this is not a mild correction; it’s a rapid and sharp decline. Retail investors are still pondering "Is this a bottoming opportunity," but the fact is that the main players have already offloaded their chips at high levels. Currently, those holding the ground are mostly trapped FOMO traders.

From a technical perspective, the $7 level has some support, but once it’s broken through, $6.6 will become the next target. Every time a support level is breached, it accelerates the next round of selling. This is the power of the trend — the further down it goes, the more intense the selling pressure.

The current strategy is quite clear: as long as there are no signs of a trend reversal, the bearish mindset should be maintained. Only when support levels are no longer broken frequently will the accelerated decline gradually subside. This is a standard trend-following approach, not a risky bottom-fishing gamble. Patience is needed to wait for the opportunity to take profits.